GBP Claimant Count Change
Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy;
It's the first indication of the employment situation, released a month earlier than the Unemployment Rate. Source changed series calculation formula as of Jun 2015;
- GBP Claimant Count Change Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
---|---|---|---|
Jun 11, 2024 | 50.4K | 10.2K | 8.4K |
May 14, 2024 | 8.9K | 13.9K | -2.4K |
Apr 16, 2024 | 10.9K | 17.2K | 4.1K |
Mar 12, 2024 | 16.8K | 20.3K | 3.1K |
Feb 13, 2024 | 14.1K | 15.2K | 5.5K |
Jan 16, 2024 | 11.7K | 18.1K | 0.6K |
Dec 12, 2023 | 16.0K | 20.3K | 8.9K |
Nov 14, 2023 | 17.8K | 15.0K | 9.0K |
-
- GBP Claimant Count Change News
- From youtube.com/cmegroup|Jun 14, 2024
British Pound lower on weak UK economic data this week, what is in store for next week's BOE meeting? Bob Iaccino discusses.
- From exchangerates.org.uk|Jun 11, 2024
UK labour-market data was mixed with clear evidence of weaker demand offset by higher-than-expected wages growth. The Pound to Dollar (GBP/USD) exchange rate traded just below 1.2730 with the Pound to Euro (GBP/EUR) exchange rate at 1.1820 and just below 22-month highs just below 1.1850 recorded on Monday. The latest UK labour-market data recorded an increase in the unemployment rate to 4.4% compared with expectations of no change at 4.3% and the highest reading since October 2021. The data set also indicated that the number of ...
- From ons.gov.uk|Jun 11, 2024|3 comments
This month's figures continue to show signs that the labour market may be cooling, with the number of vacancies still falling and unemployment rising, though earnings growth remains relatively strong. Short-term movements varied across our different measures of employment. There were decreases in estimates of employment from the Labour Force Survey and in estimates of payrolled employees from HMRC's Real Time Information data in recent months. Today, we have also published our quarterly workforce jobs provisional estimate for March ...
- From marketpulse.com|Jun 10, 2024
The UK releases the May employment report on Tuesday. UK job growth has been contracting for some time and the trend is expected to continue in May. Job growth is expected to fall by 100 thousand in the three months to April, after a decline of 178 thousand in the previous release. The weaker labor market will make it easier for the Bank of England to start to lower rates, but wage growth remains high and that is feeding inflation. Wage growth is expected to creep up to 6.1% in the three months to April, up from 6% in the three ...
- From xm.com|Jun 7, 2024
US CPI data and Fed to determine the dollar’s fate - Will the BoJ signal that another rate hike is looming? - Pound traders await UK employment and GDP numbers - RBA hike bets shrink ahead of AU jobs and China CPI data
- From think.ing.com|May 14, 2024
The UK jobs market is cooling and that’s gradually translating into lower wage growth. This is the main takeaway from the latest UK labour market figures and is broadly consistent with the messaging from the Bank of England last week. It’s worth remembering from the outset that the headline jobs figures – employment, unemployment and inactivity – are still believed to be pretty unreliable, owing to an ongoing fall in the survey’s response rate. The unemployment rate notched up to 4.3%, but it’s hard to say how much weight we should ...
- From ons.gov.uk|May 14, 2024|2 comments
Payrolled employees in the UK fell by 5,000 (0.0%) between February and March 2024, but rose by 288,000 (1.0%) between March 2023 and March 2024. The early estimate of payrolled employees for April 2024 decreased by 85,000 (0.3%) on the month but increased by 129,000 (0.4%) on the year, to 30.2 million. The April 2024 estimate should be treated as a provisional estimate and is likely to be revised when more data are received next month. Increased volatility of Labour Force Survey (LFS) estimates, resulting from smaller achieved ...
- From exchangerates.org.uk|May 14, 2024
The outlook for UK interest rates will continue to have an important impact on the Pound. In this context, the latest UK wages data on Tuesday will be a key element for the UK currency. The Pound to Dollar (GBP/USD) exchange rate drew support from Friday’s stronger-than-expected GDP data, but was unable to break above the 1.2550 level and consolidated around 1.2520 on Monday. The Pound to Euro (GBP/EUR) exchange rate also failed to make headway and consolidated around 1.1620. ING commented; “We doubt this better-than-expected reading ...
Released on Jun 11, 2024 |
---|
Released on May 14, 2024 |
---|
- Details